Schools FY14 Revenue Pressures Federal Sequestration 10% - - PowerPoint PPT Presentation

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Feb 26, 2023 33 likes •94 views

Schools FY14 Revenue Pressures Federal Sequestration 10% reduction = $1.5 million State Aid Cost of Competing Instruction = $2,046,409 Support = $347,453 Schools FY14 Expenditure Pressures Class Size by Grade

SLIDE 1

Schools FY14 Revenue Pressures

Federal Sequestration

– 10% reduction = $1.5 million

State Aid

– Cost of Competing

Instruction = $2,046,409
Support = $347,453

SLIDE 2

Schools FY14 Expenditure Pressures

2252 2087 2076 2011 1970 2034 1896 1771 1633 1624 1452 1405 1314 1468 1425 1373 1436 1418 1308 1316 1205 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2400 P-4 P-3 P-2 P-1 K 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th E-1 E-2 E-3 E-4

Class Size by Grade (2011-12)

SLIDE 3

Schools FY14 Expenditure Pressures

K-12 Enrollment Projections 2012-2021

17000 19000 21000 23000 25000 27000 29000 31000 33000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Year Students

5 Year Linear Regression 5 Year Average Rate of Change 3 Year Average Rate of Change Increase of 2% Per Year Increase of 3% Per Year

SLIDE 4

Schools FY14 Expenditure Pressures

Growing Enrollment

– 21% increase since FY 2008 – 3.8% increase projected for FY14 – Per WABE guide, Arlington highest projected growth for FY13 (tied with Falls Church)

Capacity Issues

– Elementary at 103.3% and climbing – Overall projected at 102.5% for FY14 – As new building space comes on board, additional operational costs are needed

SLIDE 5

Schools FY14 Expenditure Pressures

Cost of Enrollment

– Staffing and materials – Relocatables – Average cost past 4 years = $9.5 million – Projected cost for FY14 = $10 million

SLIDE 6

Schools FY14 Expenditure Pressures

Compensation

– Cost of Living

No increase 3 of last 4 years

– Step Increase

Only 1 full Step last 4 years